Private Equity Insights

AUGUST 9, 2023

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Essity has put its stake in Vinda under strategic review, the Swedish personal care product maker said in April. Its stake in Vinda is valued at about HK$9.8bil (US$1.3bil), based on the current stock price.

Bidding 130

Bidding Stakes Capital Private Equity Firms 130

Private Equity Insights

JULY 10, 2023

Three private equity groups are reportedly all set to make their binding bids for Gautam Adani’s six-year-old shadow bank, Adani Capital. Adani Capital was planning on an initial public offering (IPO) in 2024 to raise Rs 1,500 crore, and offering a 2 per cent stake. The company is working with Avendus for the sale process.

Bidding 236

Bidding Capital Initial Public Offering Private Equity Firms 236

Private Equity Insights

DECEMBER 11, 2023

The group already has a big stake in Macy’s through Arkhouse-managed funds and has discussed the proposal with the department store chain, whose board subsequently met to discuss the offer. read more The post Arkhouse and Brigade Unveil $5.8bn Bid to Take Macy’s Private appeared first on Private Equity Insights.

Bidding 130

Bidding Due Diligence Stakes Asset Management 130

Private Equity Insights

DECEMBER 22, 2023

private equity fund KKR announced on Thursday a full takeover bid for Portuguese renewable energy company Greenvolt (GVOLT.LS) that values the firm at 1.16 billion euros, after signing agreements to secure a controlling stake. A unit of U.S. Gamma Lux said in a statement it was offering 8.3 euros per Greenvolt share, 11.5%

Bidding 130

Bidding Private Equity Firms Private Equity Firms Funds 130

Private Equity Insights

JUNE 27, 2023

An arm of Canadian investment giant Brookfield has made a cash and stock bid for American Equity Investment Life Holding Co. The bid includes $38.85 Brookfield Reinsurance is already the biggest shareholder in West Des Moines, Iowa-based American Equity with a roughly 20 percent stake, according to regulatory filings.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Asset Management 130

Private Equity Insights

AUGUST 9, 2023

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Essity has put its stake in Vinda under strategic review, the Swedish personal care product maker said in April. Its stake in Vinda is valued at about HK$9.8bil (US$1.3bil), based on the current stock price.

Bidding 130

Bidding Stakes Capital Private Equity Firms 130

Private Equity Insights

FEBRUARY 2, 2024

Walter Global Asset Management (WGAM), the private equity unit of Canadian investment group Walter Financial, is acquiring a minority stake in Madryn Asset Management, a US manager that focuses on investments in healthcare innovation.

Stakes 130

Stakes Assets Investors Asset Management 130

Private Equity Insights

AUGUST 16, 2023

Monterrey, Mexico-based Femsa announced a strategic review in February for some non-core units, including its stake in Dutch brewer Heineken NV as well as Envoy Solutions, according to a statement. Representatives for Femsa, Warburg Pincus and Kelso declined to comment.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Stakes 130

Private Equity Insights

AUGUST 11, 2023

KKR has preliminarily agreed to grant Italy’s Finance Ministry a stake of up to 20% in Telecom Italia’s fixed-network unit and give it a say in strategic decisions as part of the private-equity group’s bid for the so-called Netco business. Source: Morning Star Can’t stop reading? billion (US$950m) equity.

Bidding 130

Bidding Financing Finance Private Equity Firms 130

Private Equity Insights

SEPTEMBER 20, 2023

India’s Torrent Pharmaceutical is in preliminary talks with Apollo Global Management to secure a loan of up to $1bn to help fund a planned bid for Cipla, two people briefed on the discussions said. Torrent is hoping to secure roughly $3bn to $4bn in financing for the bid for its much bigger rival, they said.

Bidding 130

Bidding Funds Stakes Asset Management 130

Private Equity Insights

SEPTEMBER 21, 2023

Read more Goldman Sachs Raises $15bn to Buy Stakes in Private Equity Funds Goldman Sachs' asset management arm said two funds have closed, raising more than $15bn for funds. read more Toshiba says $13.5bn takeover bid by JIP succeeds, set to go private Private equity fund Japan Industrial Partners Inc.’s

Stakes 200

Stakes Private Equity Firms Private Equity Firms Funds 200

Private Equity Insights

OCTOBER 19, 2023

Brookfield Infrastructure Partners and Antin Infrastructure Partners are among several bidders vying for a stake in German metering firm Techem, four people familiar with the matter told Reuters. Sale documentation will be circulated next month with the aim of collecting bids by the end of the year, one of the people said.

Stakes 130

Stakes Bidding Asset Management Debt 130

Private Equity Insights

NOVEMBER 20, 2023

is exploring a sale of its stake in Singapore Life Holdings Pte in a deal that could value the insurer known as Singlife at about S$4 bn ($3bn), according to people with knowledge of the matter. this month increased its stake in Singlife to 27% from 23.2% stake in Singlife held by UK-based Aviva Plc for S$900m.

Stakes 130

Stakes Bidding Shareholders Assets 130

The Motley Fool

AUGUST 16, 2023

In the latest round of declaring their newly renewed everlasting love, EY recently rejected a bid from private equity giant TPG to take a stake in the consulting business and complete the firm's now-scrapped divorce, according to a report Wednesday from the Financial Times.

Consultants 130

Consultants Consulting Bidding Private Equity Firms 130

Private Equity Insights

DECEMBER 11, 2023

Investcorp, the Middle East’s biggest alternative asset manager, acquired a 50% stake in New York-based private equity firm Corsair Capital’s $4.8bn infrastructure business. read more The post Investcorp Acquires 50% Stake in Corsair Capital’s $4.8bn Infrastructure Business appeared first on Private Equity Insights.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Bidding 130

Private Equity Insights

OCTOBER 24, 2023

However, Disney may now sell a controlling stake in the business to Reliance, the Mukesh Ambani-controlled conglomerate whose streaming platform’s success has weighed on the U.S. read more The post Blackstone and Reliance in $10bn Bidding War for Disney India appeared first on Private Equity Insights.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Conglomerates 130

Private Equity Insights

NOVEMBER 29, 2023

The owners of fund administrator Alter Domus are pursuing the sale of a stake in the Luxembourg-based group that could value it at more than $4.4bn, three people familiar with the matter told Reuters. However, the structure of the deal has not been decided and could result in the sale of either a minority or majority stake, the people added.

Stakes 130

Stakes Buyout Private Equity Firms Private Equity Firms 130

Private Equity Wire

FEBRUARY 15, 2024

Blackstone has withdrawn its bid to acquire a stake in the company holding the media rights to German football’s Bundesliga as opposition from fans to the involvement of foreign private capital reached fever pitch, according to a report by Bloomberg.

Bidding 80

Bidding Buyout Stakes Capital 80

Private Equity Insights

FEBRUARY 2, 2024

over the final three months of the year, with this coming entirely from the value of its stake in Action, growing £910m over the three months. In November, the company surpassed £20bn in assets for the first time thanks to the rapid growth of Action, which it holds a majority stake in and now makes up 65 per cent of its assets.

Stakes 147

Stakes Assets Bidding Asset Management 147

Private Equity Insights

JUNE 28, 2023

The London-based private equity firm was in the second stage of bidding for WGSN, which has a price tag of 800 million pounds ($1.02 media group Hearst Communications also abandoned plans to pursue a bid, one of the sources and a fourth source familiar with the matter said. billion), they said. read more H.I.G.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Due Diligence 130

Private Equity Insights

SEPTEMBER 21, 2023

The chief executive at the time resigned to take responsibility for the chaos, after which the board began soliciting bids to take the company private. Read more Goldman Sachs Raises $15bn to Buy Stakes in Private Equity Funds Goldman Sachs' asset management arm said two funds have closed, raising more than $15bn for funds.

Bidding 130

Bidding Buyout Private Equity Firms Private Equity Firms 130

Private Equity Insights

SEPTEMBER 6, 2023

Indian conglomerate Tata Group-owned Tata Consumer Products is reportedly in talks to acquire stakes in snack maker Haldiram’s. According to a Reuters report, Tata Consumer Products wants to acquire at least a 51% stake in the brand. The snack maker reportedly demanded a $10bn valuation, to which Tata said the ask is “very high”.

Bidding 130

Bidding Capital Private Equity Firms Private Equity Firms 130

Private Equity Insights

MAY 17, 2024

Paramount Global was heading for a rocky start to trading today CNBC reported overnight that Sony Pictures is reconsidering its bid for the business. Stories last week were that Sony and private equity group Apollo planned to sell Paramount’s streaming services and TV channels if their US$26 billion joint bid goes ahead.

Bidding 130

Bidding Buyout Stakes Shareholders 130

Private Equity Insights

NOVEMBER 24, 2023

As part of the transaction, co-founder Marc-Oliver Stromberg and the extended GBTEC management team are reinvesting and investing respectively for significant stakes in the company. Main Capital Partners, which has supported GBTEC as a specialised software investor since 2019, has sold its stake in GBTEC as part of the transaction.

Stakes 130

Stakes Funds Initial Public Offering Bidding 130

Private Equity Wire

MARCH 28, 2024

Private equity group CVC Asia Pacific has withdrawn a AUD1.83bn (£948m) bid to acquire APM Human Services, which helps people find jobs and is a provider of services to Australia’s National Disability Insurance Scheme, according to a report by AFR. APM, which listed on the ASX in late 2021 at AUD3.55

Bidding 76

Bidding Stakes Capital 76

Private Equity Insights

SEPTEMBER 20, 2023

MW Dutch offshore windfarm Borssele III / IV by agreeing to sell its final 10% stake to Octopus Energy Generation, one of Europe’s largest renewables investors. Partners Group sold a 20% stake to Swiss Life Asset Managers in November 2022 and 15% to funds managed by Nuveen Infrastructure in July 2023.

Stakes 130

Stakes Asset Management Bidding Legal 130

Private Equity Insights

MARCH 17, 2023

I Squared Capital is considering selling a minority stake in Think Gas Distribution Pvt. The private equity firm is working with an adviser to sell as much as a 30% stake in Think Gas, said the people, who asked not to be identified as the information is private.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Pension Funds 130

Private Equity Insights

MAY 17, 2024

Sky News has learnt that Focus Group is close to signing a deal to sell a majority stake to Hg Capital, the investor known for its successful bets on software and technology companies. In 2020, the two founders sold a 25% stake to Bowmark Capital, another private equity firm, at a valuation of about £225m.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Stakes Buyout 130

Private Equity Wire

DECEMBER 18, 2023

A shortlist of private equity firm’s looking to acquire a stake in the holding company of the Bundesliga’s media rights is to be drawn up by German professional football’s governing body, according to a report by Bloomberg.

Stakes 75

Stakes Private Equity Firms Private Equity Firms Bidding 75

Private Equity Insights

JUNE 28, 2023

Landmark Management has sold a 40% stake to Rosemont to help the firm’s founder execute an internal succession plan. Private equity firm Rosemont Investment Group has acquired a 40% stake in Landmark Management, a New York-based multi-family office that oversees about $4.5bn in non-discretionary client assets. read more H.I.G.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Due Diligence 130

Private Equity Insights

MAY 17, 2024

India’s Shriram Finance said on Monday it will sell its entire stake in affordable housing finance unit Shriram Housing Finance to U.S. It also bought the stake in the unit held by private equity firm Valiant Partners. read more Blackstone-led consortium bids Haldiram Snacks at $8.5

Financing 130

Financing Finance Private Equity Firms Private Equity Firms 130

Pension Pulse

APRIL 24, 2024

Florence Chong of IPE Real Assets reports ADQ buys 49% of infrastructure platform Plenary as CDPQ sells 20% stake ADQ, an Abu Dhabi state-owned investment company, has purchased a 49% stake in global public infrastructure group Plenary for an undisclosed price, believed to be around A$1bn (€609m).

Stakes 59

Stakes Pension Funds Bidding Shareholders 59

Private Equity Insights

JULY 3, 2023

FIS is reportedly considering selling a majority stake in Worldpay to private equity groups. According to the report, which cites a number of unnamed sources, buyout firm Advent, part of the group that once owned Worldpay, is considering a bid. The deal, as reported by the Financial Times, would be worth more than $15bn.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Hedge Funds 130

The Motley Fool

SEPTEMBER 23, 2023

The high-stakes world of gaming has been abuzz since Microsoft (NASDAQ: MSFT) announced its bold move to acquire Activision Blizzard (NASDAQ: ATVI). Initially announced in January 2022, this potentially pivotal deal aimed to reshape gaming markets. regulatory agencies, have cast uncertainty on the merger's future.

Bidding 241

Bidding Mergers and Acquisitions Buyout Stakes 241

Private Equity Insights

FEBRUARY 2, 2024

The private equity backer of Six Nations Rugby is drawing up plans for a £1.5bn bid for Audiotonix, the British-based manufacturer of equipment used by bands such as Coldplay. On Thursday, City sources said that Cinven, another sizeable buyout firm, is also preparing to lodge a bid as part of a formal sale process.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Bidding Buyout 130

Private Equity Wire

JULY 4, 2023

Paine Schwarz bids $935m for horticulture specialist Costa Group Submitted 04/07/2023 - 10:27am US private equity firm Paine Schwartz Partners (PSP) has a made an AUD1.4 billion) bid to acquire the remaining shares it doesn't already hold in Australian horticultural specialist Costa Group Holdings, according to a report by Reuters.

Bidding 52

Bidding Private Equity Firms Private Equity Firms Stakes 52

Private Equity Wire

NOVEMBER 9, 2023

In a bid to free up funding for other investments, Caisse de Depot et Placement du Quebec (CDPQ) is considering selling up to $2bn in private equity assets via the secondary market, according to a report by Bloomberg.

Stakes 74

Stakes Bidding Assets Accounting 74